Statements of Activities - Condensed (in thousands)
		2008			2007
Ministry Support and Revenues:
	Ministry support	$ 280,435	51.2%		$ 249,881	53.2%
	Gifts in kind	258,370	47.2%		212,290	45.2%
	Investment income and other revenue, net	8,450	1.6%		7,233	1.6%
	Total Ministry Support and Revenues	547,255			469,404
Ministry Expenses:
	Ministry and program	(494,671)			(425,710)
	Fundraising	(34,171)			(30,413)
	General and administrative	(18,318)			(18,016)
	Total Ministry Expenses	(547,160)			(474,139)
Other gains and losses, net		(344)			114
Decrease in Net Assets		($249)			($4,621)
Balance Sheets - Condensed (in thousands)
		2008			2007
Assets:
	Cash and investments	$ 45,243			$ 54,021
	Pledges receivable, net	54,973			47,970
	Gifts in kind inventories	8,945			11,604
	Other current assets	6,118			5,649
	Fixed assets, net of depreciation	68,210			67,870
	Trust assets	69,889			70,111
	Other assets	301			632
	Total Assets	$ 253,679			$ 257,857
Liabilities:
	Deferred gifts in kind revenue	$ 8,945			$ 11,605
	Other current liabilities	16,744			18,571
	Long-term debt and capital leases	13,358			12,800
	Total Liabilities	39,047			42,976
Net Assets		214,632			214,881
Total Liabilities and Net Assets		$253,679			$257,857

 

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For a copy of CBN's complete financial statements audited by our independent auditors,
KPMG LLP, please write to:

Public Relations Department
The Christian Broadcasting Network, Inc.
977 Centerville Turnpike
Virginia Beach, Virginia 23463-0001 

CBN is a member of the Evangelical Council for Financial Accountability (ECFA).